Post by
SPCEO1 on Jan 07, 2022 10:12am
Something big is likely in the works
Evidence:
1.) They managed to get the retired Pfizer CMO as a scientific consutant
2.) They liked their IR officer but she left because a family situation would not allow her to travel - so they needed someone in that role who could travel and explain what is going to be announced.
3.) They have gone totally silent yet still have meetings scheduled with large shareholders later this month.
4.) They pulled the corporate presentation and have not yet replaced it. It would be pretty easy to update if there was not something significant going on that would really lead to material changes.
5.) They gave larger options grants and gave them earlier than normal.
My best guess is whatever is coming down the pike will be viewed as a positive development. The chances of a big fundraising occurring on the back of any such good news is high, unless the good news is partnership agreements that bring upfront cash along with them.
There could be a series of pieces of good news - China cancer partnership, other cancer partnerships, NASH partnership, acquisition of other drugs, selling Trogarzo rights to someone else to concentrate on Egrifta and cancer, etc.
There could also be a friendly acquisition of THTX in play and that is why things have gone silent and big options grants, etc.
While the market is tired of the wait for news, there is meaningful evidence that something signifcant and good is being worked on behind the scenes.
Comment by
realitycheck4u on Jan 07, 2022 10:22am
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Comment by
jfm1330 on Jan 07, 2022 10:53am
Funny to read that. All those complaints on how bad this company is at almost everything, but don't sell my wealth!!!
Comment by
realitycheck4u on Jan 07, 2022 11:31am
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Comment by
jfm1330 on Jan 07, 2022 11:39am
Yeah, Paul, the guy who decided to buy Katana. Oh wait! Sorry it was Luc...
Comment by
palinc2000 on Jan 07, 2022 12:54pm
Yea bLuc was a great visionary!!!! with a great scientic mind !!! and a lot a gravitas !!! and so articulated!!! and more and more b.....How I miss him!!!!
Comment by
SPCEO1 on Jan 07, 2022 12:01pm
I think you may be overlooking one very badly done refinancing since Paul came on board.
Comment by
jfm1330 on Jan 07, 2022 10:49am
Never sure of anything, but this makes sense. Add to that a lot of hiring for important positions.
Comment by
stephanedodier on Jan 07, 2022 12:36pm
SPCEO you forgot this one..... THTX is working with a partner to take them private at a ridiculous price (let's say $4US), and then get working capital from that partner for NASH, Cancer etc.... and in 2-3 years THTX get back on the stock market at .... $4B? Qui vivra verra !
Comment by
stephanedodier on Jan 07, 2022 1:00pm
We had a similar story few month ago with DOREL https://www.bike-eu.com/market/nieuws/2021/02/major-shareholders-obstruct-dorels-take-private-deal-10139771
Comment by
palinc2000 on Jan 07, 2022 3:22pm
I dont believe for one minute that such a meeting has been confirmed...That simply does not make sense,,,
Comment by
Bucknelly21 on Jan 07, 2022 4:00pm
I believe rusty confirmed it, I sort of think that if it were good news then why would you want to not pr it and meet with just large holders ?
Comment by
PWIB123 on Jan 07, 2022 4:15pm
@SPCE01 I'm assuming based on your comments you weren't invited to the large shareholder meeting. I would have presumed you would've been invited since you represent such a large group of shareholders. Were you not invited? Do the large shareholders represent a controlling interest?
Comment by
PWIB123 on Jan 07, 2022 5:54pm
Quite the quandary. Thanks for the additional insight.
Comment by
Bucknelly21 on Jan 07, 2022 7:59pm
Do you really think they would do all that hiring to just settle for a buyout?
Comment by
palinc2000 on Jan 08, 2022 11:12am
I was assuming that the carreer section on the website was accurate,,,but even if it is not the last version I think we know that there are still many unfilled positions,,,To be clear I am not predicting a take over ,,,,,What do you think id the company s goal in convening a meeting with major shareholders?
Comment by
palinc2000 on Jan 08, 2022 2:32pm
Of course they will be talking about the business but will not be asking for advice on how to RUN the business...,,,,,
Comment by
SPCEO1 on Jan 08, 2022 3:27pm
I suspect if THTX does not have something notable they have already announced prior to those meetings with larger sharehodlers who are already disgruntled, they will get some unsolicited advice at those meetings on how to run their business regardless of whether they are asking for it!
Comment by
realitycheck4u on Jan 08, 2022 3:38pm
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Comment by
jeffm34 on Jan 08, 2022 4:50pm
On the other hand, underwhelming results will tank the stock price. Most prudent companies wouldn't take that risk. Unfortunately the timing for another financing is most likely before cancer results come out, unless you are 100% certain of the outcome of the cancer trial.
Comment by
SPCEO1 on Jan 08, 2022 8:58pm
Let's see what the phase 1a results are first. If they show efficacy then the stock might rise considerably in the months ahead leading to the offering. Then again, there may be cash flowing to TH from partnerships so that may obviate the need for an offering.
Comment by
jeffm34 on Jan 07, 2022 8:35pm
If the company does have a good news, how long are they allowed to sit on it for before making it public? The longer they sit on it the more likely the information gets leaked and you get insiders trading on that information. When did the company first reach out to set up those meetings?
Comment by
jeffm34 on Jan 07, 2022 10:46pm
A restructuring perhaps? Stock consolidation before a new stock issue. Trying to gauge shareholder reaction before contemplating?
Comment by
longterm56 on Jan 08, 2022 1:02am
Is it likely that a public announcement would be before or after the meeting(s) with large shareholders? -LT
Comment by
SPCEO1 on Jan 08, 2022 10:41am
Definitely before, assuming that we are correct about what might be up, and we might not be.